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Looking for a good & productive tax software? We know handling taxes is a complicated task. During tax season, businesses and other professionals face intense pressure as they try to manage their usual work alongside tax preparation. However, using the right software can turn this herculean task into an uncomplicated one.
There are various tax preparation tools on the market, and Drake Tax Software is among the most widely used due to its overall product excellence. Over 50,000 tax professionals use Drake software, and it processes about 26 million state/ federal returns every year. Get Drake hosting on the cloud and boost productivity.
Did you know? Now, you can easily get all your tax software hosting on the cloud and access the software from anywhere, anytime. In this detailed blog post, we will be learning what is Drake tax software, the pros & cons of Drake software, pricing plans, and more.
What is Drake Tax Software?
Drake Tax Software is a tax management tool for small and medium-sized firms. It is one of Drake Software's products, designed to help tax professionals prepare and file returns faster and more efficiently. In the end, businesses and professionals will have ample time to deal with clients and grow their businesses. Drake Tax offers a PPR (Pay-Per-Return) package for companies that prepare fewer than 85 returns annually. You can complete several states, amend a return, or e-file, and it will count as just one return.
Drake Tax Software Tools: How to Use? A Complete Guide
Here is a detailed guide on how beginners can use Drake Tax Software:
New Return Opening Option
To commence data entry, open the software and click on Create or Open on the toolbar. If the data already exists, click on the name, or input the taxpayer's last name or ID number to open it. You can use the filter on the right to view all clients, clients yet to be updated to the recent version, and recent returns. You can also filter by return type. To enter new returns, enter the client's ID number and click OK.
Data Entry Option
The data entry of a return has various items on its menu. To select an item, click on it or use the Search/Selector field at the bottom of the interface to type the search phrase, form number, state abbreviation, or screen code, then press Enter on your computer.
Name, Address, and General Information
Name, Address, and General Information
To access this interface, click on it from the data entry menu. You can also type 1 in the search/selector field, then press Enter. Usually, new returns must complete the address and name information page before they can be stored in the software. Here, you must enter the taxpayer's street address. When you enter a ZIP code, the software automatically fills in the resident state, county, state, and city fields. Drake tax software automatically assigns the return to a default preparer. To change the default preparer, click Preparer # to open a drop-down of available preparers. Select your preferred option.
Form W2 Option
Search for Form W2 in the selector/search field by typing “W2”. Press Enter. You can also click the W2 tab in the data entry menu to enter a taxpayer's W2 information. Ensure you enter the information exactly as it appears on the actual form.
- Enter taxpayer (T) or spouse (S) when filling in the field for employees.
- Enter the Employer Identification Number (EIN). After the first entry, the software will automatically fill in the employer's details during subsequent returns.
- Click on Press Page Down at the bottom of the interface to make additional entries.
When you are finished, press Esc on your computer to save your changes and return to the data entry menu.
Field Help Option
This section shows information about a particular field. You can access it by doing the following:
- Click inside the field and then press F1
- Right-click a field and select Help. A menu will come up. Select help for the field you right-clicked on.
- Click inside the field and then press Shift and a question mark.
When you move your cursor to the top of the screen, the data entry toolbar will appear. Click on any of the buttons to perform the selected function. To exit the taskbar, click anywhere on the screen.
Screen Help Option
The data entry screen includes a Help tab that provides more information about the current screen. Click on the tab or right-click on the data entry menu and select Screen Help.
City and State Programs
The software generates state returns from the data entered on the federal screen. To supplement or override information on a federal screen, input the state code in the search/selector field, then press Enter. You can go ahead and select the state from the states tab.
E-Signature Option
To sign a return, click 8879/8878 e-file Signature to open the PIN interface. Press Alt + D to enter the current date automatically, or manually input the date of the PIN signature. Proceed by inputting the PIN signature of the ERO. The taxpayer's PIN signature will automatically appear.
Calculation Results Option
Click on Calculate on the data entry menu to calculate returns. Or you can press Ctrl+C. The results window will display the following information:
- Total income
- Taxable income
- Total amount of tax refund
- Balance due
- Payment method
- E-file (EF) status
The EF status tab will display a green check mark indicating that the return is eligible for e-filing. If it displays a red mark, it suggests that the return is ineligible for e-filing and that a message page is available for your attention. You can find EF messages in the middle of the results window.
To resolve any of the highlighted issues in the message column, right-click on it. It will display the full issue description. If the message is highlighted in blue, double-click on it to open the data entry window containing the problem. You must correct all highlighted issues before the return can become eligible for e-filing. When the messages have cleared, you can now select the return during an EF process.
View and Print Returns Options
When you are entering data, you can view a return by pressing Ctrl + V, or clicking Print or View. All generated forms for that return will be listed in a tree view on the left side of the window. To expand a category, click the plus sign, then click the minus sign to collapse it.
Use the arrow keys or checkboxes to navigate forms. Any form you select will display on the screen. To print selected forms, press Ctrl + P. To print only the form you are currently viewing, press Ctrl + Q. Press Ctrl + E to close the print/view mode and go back to data entry, or click on Data Entry on the toolbar. Drake tax software provides view and print options to improve workflow.
E-Filing Returns Options
Follow these steps to e-file returns:
- Click on e-file returns.
- Select EF. On the menu bar, select returns for EF.
- Tick the checkbox on the left to choose the e-file.
- Click Continue. The report viewer will list the returns selected for transmission.
- Click Exit.
- To transmit returns, click on EF. Select Receive/Transmit, then click Receive/Send to communicate and collect an acknowledgment.
- To process an acknowledgment, click on EF. Then click on “Process Acks. The acknowledgment will be posted on the EF database. For test returns, you will get a T acknowledgment.
- To review transmission details, click EF, then search the database. The EF database displays all information about the returns your company has filed for the current tax year.
- When you enter the taxpayer's last name, EIN, ITIN, or SSN, and click Go, the database will display the return data, along with any associated reject codes, fees, bank products, and so on. Click any tab to get more info about the return.
Why Do You Need Drake Tax Software?
You need Drake tax software because it outrun various tax software and enables users to file state and federal tax returns electronically. It offers customizable reporting that provides comprehensive details on multiple aspects of your business operations. In addition to its seamless tax preparation service, it incorporates modules that offer a wide view of the efficiency and status of your business.
Furthermore, Drake tax software reduces keystrokes by using macros and shortcut keys. This feature simplifies the data entry process and reduces the stress of entering endless data. As you key in data, Drake software automatically calculates returns. You can also export tax information from the parent form 8615 to its child form and from the K-1 to the form 1040.
Drake Tax has various resource documents in English and Spanish. As a result, Spanish users can comfortably print tax forms and prepare returns. Additionally, users can easily compare yearly taxes to assess how they fared in different tax years. It is very easy to spot and correct mistakes when calculating returns with the software. With the Drake tax software support system, you can get 24/7 support from a dedicated team.
How to Install Drake Tax Software on the Server
Drake users can download and install both previous and current state and federal software from the download center for free. The state and federal programs from the present time down to the current version are available at the download center. You can also get the archival CD for $25 per disk. Drake recommends installing Drake tax software from its downloads section to ensure you're using the latest version. If you buy the optional CD service, you can also use it to install Drake tax software.
Before you install Drake Tax Software, take note of the following:
| Get your serial number and account number. | If the pre-season release is installed on your computer, go to Tools and click Update Manager. | Check whether Auto Updates are enabled. If they are, click Auto Update Settings, turn off the right option, then click Exit. |
| Check whether the auto backup is turned off. Go to Tools, click File Maintenance, then click Backup to confirm it. | You need to know that auto-updates might interfere with the installation. | Ensure you review the security information to stay informed about any updates to the login procedure. |
Important Information on Serial and Account Numbers
- If you're installing Drake 02 to 11 from the “Downloads” section of the company's support website, you do not need a serial number. However, after installing Drake 07, you must enter a serial number before you can use the software. This is valid only for the first installation of that version. Kindly contact support if you don't have the serial number for Drake 07.
- If you're installing Drake 12, you'll need to enter a specific serial number for the account. Contact the company's account unit at (828) 349-5900 for assistance.
- If you're installing Drake 13 and above, you need a serial number. You can find the specific account serial number on the company's support website. Use your account credentials to log in. On the left, click on“Account”, then click on “Serial Numbers”.
- For CD installations, you need the serial number for all the versions.
How to Install Drake Tax from the Internet?
- Step. 1: Go to https://support.drakesoftware.com/ and log in. Or open the software's main page and click Support at the top to log in.
- Step. 2: After a successful login, click on Downloads, then Drake Tax. You will see a drop-down list showing the tax years. Select the one you want to download.
- Step. 3: Click on Download. While downloading, a security warning may pop up. Ensure you respond to it; otherwise, your download will remain pending. If the system asks you to choose between saving and running the file, choose Save if you do not want to complete the download immediately, or select Run if you plan to continue installing the software.
When saving the file, ensure you save it in a location you can easily find, e.g., the documents folder on your computer. - Step. 4: After downloading the file, if it does not run automatically, check your downloads folder. Right-click the file, then select Run. A dialogue box will pop up. Click Yes to begin the installation.
- Step. 5: The file will be extracted, then you will be required to choose a drive for the installation. Usually, the drive to select is C: the main hard drive.
- Step. 6: Choose the state program you want to install. Click Next.
- Step. 7: Confirm where you are installing the software. The images may vary with the installation year you choose. When the software installs successfully, click Ok. The software's icon will become visible on your desktop for easy access. Additional icons might appear for the Drake scheduler or Drake DDM, depending on the version you installed.
How to Install Drake Tax Software from a CD?
If you do not want to install Drake tax software from the download center, you can use the CD.
Step. 1: Insert the CD into your computer's disk drive.
Step. 2: Go to My Computer, File Explorer, or Computer, and locate the drive that holds the CD. It is usually D:/.
Step. 3: Double-click on the CD. If it runs automatically, an installation screen will automatically appear. If it doesn't appear but displays the files in the disk, scroll down and look for Drake YY.exe. Double-click on the file.
Step. 4: An installation screen will pop up. Click on the Drake Tax software icon.
Step. 5: Another window opens up where you will do the following:
- Select the location for the installation.
- Install test return (optional).
- Install your preferred state. This option isn't available in preseason release versions. Click Next.
Step. 6: Do the following to proceed:
- Check the license agreement box.
- Choose the license version.
- Input the serial number and account number.
- Select whether the admin account should update from the previous year, then select the drive where you previously installed Drake. Click Next
Step. 7: Confirm the options you selected in step 6 above or go back to change your selections. To proceed, click Install.
Step. 8: As soon as the installation begins, you will see a progress bar. When it is done, a screen will pop up to indicate that the installation is complete. To close the screen, click Ok, then click Finished. If you do not want to install any other program from the CD, exit the installation screen.
Step. 9: The software icon will appear on your desktop. Double-click to open it. Shortcuts for Drake Documents and Drake scheduler will also be created during the installation.
How to Relocate Files, Drake Tax Settings, and Clients from One Computer to Another
If you are no longer using your old computer, you may need to relocate your clients, their files, and your entire setup to your new computer.
You can follow these steps to get it done:
- Back up the existing Drake Tax installation.
- Install the software on your new computer.
- Restore your backup on the new installation.
Note: Do not try to copy the installation from the old computer to the new one. Also, this method is only applicable to situations involving computer replacement. Do not use it to add computers to your network.
How to Restore Backup to a Newly Installed Drake Tax Software?
- Insert the external storage device into the new computer.
- Double-click the newly installed Drake Tax to open it.
- Click on Tools, then File Maintenance. Click on “Restore.
- A dialogue box will appear. Select whether to restore the backup to a network or a local location.
- Click “Browse” to locate the external storage device that contains the backup.
- You will see an option to select a backup to restore. Choose the backup you want to restore.
- Click Preview to review your selections and complete the restoration.
- A dialog box will appear with the caption Restore Items from Backup. Choose “Restore everything.
- Click Restore. Confirm your option by clicking “Yes. The system will begin the restoration process.
- You will see the restoration progress on the screen. When it is complete, the interface will display Restore is complete.
- Close the screen and go back to Drake Tax.
- Click Tools, then select Repair Index Files. You will see the option to repair all. Click on it, then click Continue. Select the option to scan client files and add names to the index. Click Ok and then exit.
Key Features of Drake Tax Software
Drake Research Tool
The tool helps users discover all recent tax updates. You can also customize it to your taste. For instance, you can include preferred websites (such as the IRS), tax forms, and keywords for the required information. You can find the research tab on the software's toolbar for easy access.
Drake Scheduler
The scheduler helps to organize your work. It allows you to schedule appointments and create your own schedules as well as those of other tax preparers. This will enable you to generate bulk appointments for multiple clients.
Drake Documents
Managing paper documents and tax books manually is burdensome. But Drake software eases the burden by providing a secure electronic storage system where you can easily keep tax-related records. It also offers features such as custom document organization, integrated email, and long-term data storage. This saves you the trouble of storing paper documents or even misplacing them.
Drake Tax Planner
The tax planner is a very prominent feature of the Drake software. It helps users plan clients' taxes for the current tax season. It saves you time during tax preparation by simplifying the data entry process and reducing keystrokes. You can conveniently compare and analyze several tax years in one tax sheet.
Some benefits of using the tax planner are:
- It helps you understand the tax implications of disposing of capital assets, self-employment, and retirement.
- It allows you to update clients' tax planning sheets, such as marital status, dependents, and income changes.
- You can easily compare filing and separate joint to choose the most suitable filing status.
- With the options for overriding information, the tax planner can generate state and city returns based on your chosen requirement.
Data Restore and Backup
An essential part of tax preparation is data management. You need to ensure there is backup data in case your system malfunctions or an emergency occurs, such as an unintentional system format, data deterioration, or accidental deletion. The data restore and backup tool helps to keep clients' data safe. Additionally, the restore feature specifies the exact location of the data you want to restore. Drake software offers both manual and automatic backup.
Advantages of Drake Tax Software for Tax Professionals
Lower Operational Costs
Setting up an IT infrastructure for your server can be very expensive, as it involves hiring IT professionals for setup and maintenance, as well as purchasing hardware. Hosting Drake software on remote cloud servers eliminates the need to buy expensive IT hardware. This makes the service cost-effective because there is no need for software installation, upkeep, or upgrade. The cloud host handles everything, while you and your staff members do not have to do anything.
Also, there's no downtime with a cloud service, so you won't spend money fixing downtime issues. Most small businesses assume that only large companies can afford cloud services. But things are different with Drake tax software, as its cloud services are very affordable. Most companies can afford them regardless of their budget. Furthermore, you can pay for only the features you use. You aren't obliged to spend a large sum on the whole package. Simply subscribe to your preferred service and enjoy its content without worrying about extra costs.
Remote Access to the Software Wherever and Whenever You Want
If you have to use Drake Tax Software on a local computer anytime you need to file taxes, it means you have to spend extra hours at work. With Drake Tax Software hosted in the cloud, you can work from anywhere and at your own convenience once you have an internet-connected device, whether it is a smartphone, laptop, or tablet.
This remote access functionality adds support for users. Different tax preparers can access the same file and work simultaneously without problems. Since you are not limited to working from your local system, your efficiency will not be reduced even when you are not in the office.
Assistance for the Cloud
When companies need to resolve cloud issues, they consult IT teams. But not all tax professionals can afford to hire such services. However, Drake Tax Software's hosting providers ensure its software remains functional and up to date for seamless operation.
Enhanced Security for Financial Data
Tax data usually contains private financial information that your client wouldn't want to make public. With Drake tax software, you can be sure that your clients' data is secure. The software deploys reliable security measures for its hosting clients. Drake's security systems are advanced, providing users with an additional layer of security beyond the local system.
The systems include firewalls, data encryption, antivirus, multi-factor authentication, IDS and IPS (Intrusion Detection & Prevention System), automatic backups, role-based access controls, and end-to-end encryption.
Advantages Of Using Drake Software for Tax Returns
E-Signature
Business transactions have reached a whole new level with technological developments. Drake tax permits e-signing of tax return forms, thereby eliminating the drudgery of manual form-filling and stamping or signing. As a result, tax preparers can now sign bank documents, consent forms, and tax forms on their digital pads. The process is secure and cannot be tampered with.
Data Backup and Restore
Drake software comes with a data backup and restore feature that helps companies back up their data. The backed-up data can be easily converted with no difficulties, as the exact location is provided to the user. This way, your company's data is safe and constantly up to date.
By hosting Drake tax software on cloud servers, you ensure zero data loss as your data is backed up and replicated on multiple servers. Importing and Exporting of Tax Forms. You can easily import various tax forms and related documents via data transactions, which streamline workflows. Examples of supported forms include trial balance, Schedule D, report of annual balance, W-2, K-1, and Form 8615.
Quick Estimator Tool
The Quick Estimator is one of the robust and exclusive tools that comes with the Drake Tax Software. Using it, you can systematically review all returns in the software. It quickly estimates refunds and fees for clients' filings and allows users to customize clients' billing statements. This way, you can work fast and not be late in filing your returns. In addition, the software includes an amortization schedule that shows clients their loan repayments and the accumulating interest.
Integrated Data Entry and Tax Planner
Drake Software's data entry form is flexible. It reduces keystrokes and simplifies data entry by allowing users to choose how they input data, helping them save time. Users can also define fields and lock them. By using this feature, users can differentiate between the data from different years of preparing and filing taxes. They can also research recent tax changes through the custom research tool, which also serves as a knowledge center for technical support.
Additionally, the tax planner feature helps you to prepare taxes for the season you are currently in or for the following year. You can also use it to compare the current status with other scenarios, such as an asset purchase or a marriage.
Navigation And Returns Calculation
Drake tax software offers a simple navigation system that lets users review returns quickly. Users can also check for errors in return calcu
lations, as the software alerts the tax preparer when an inaccurate count is detected. The software sends periodic tips to tax preparers, along with personalized messages to increase their productivity and efficiency.
What are the Pros and Cons of Drake Software?
| Pros of Drake Tax Software | Cons of Drake Tax Software |
|---|---|
| The service is cheap compared to other tax software | A steep learning curve for beginners |
| Easy to use | No mobile application |
| Responsive customer service | Cloud access requires hosting |
| Offers practice tax preparation and management | Limited integration of third-party apps |
| Shortcut keys for data entry automation |
What Platforms Does Drake Tax Software Work On?
Drake Tax Software on Desktop
This includes Drake Documents, Drake Tax, and Accounting. It requires installing the software on a desktop. It provides features such as e-filing, software updates, automated data flow, and quick calculations.
Drake Software Cloud Hosted on Desktop
The package is cloud-based and requires no maintenance or installation. It includes Drake Documents, Drake Tax, and Drake CWU. The optional applications require additional fees. They include Microsoft Word, PowerPoint, Excel, OneNote, Outlook, and Publisher. The option is reliable, flexible, and secure. You can access Drake Hosted Desktop from computers, smartphones, and tablets. It works well with local printers and scanners and permits dual monitors.
Furthermore, it runs in the Citrix XenApp environment, which offers robust, time-tested functionality. It has an antivirus and firewall for security and stores data in encrypted forms. Therefore, users can rest assured that their clients' data won't be compromised. Drake Hosted Desktop users can expand their storage space to meet the demands of their growing businesses. Also, users can run the cloud and local applications concurrently without issues.
What are the alternatives to Drake Tax Software?
| Drake Tax Software Alternatives | Description | Features |
|---|---|---|
| TurboTax | TurboTax is owned by Intuit Inc., an American company that develops tax preparation and financial software, as well as other services, for individuals, small businesses, and accountants. If tax preparation confuses you, then TurboTax is a DIY option. It takes away the stress of understanding complex accounting terminology. For instance, if you want to pay rent, simply input the keyword and the software will automatically suggest a suitable tax package at an affordable price. Usually, you need a laptop or desktop to fill out the tax form, but some versions allow you to use a smartphone. Simply take a photo of the W-2, and the necessary information will be automatically filled in. | |
| Vertex | Vertex Inc., an indirect provider of tax software, owns Vertex Tax Software. The company aims to deliver reliable tax technology that enables businesses to conduct transactions, stay compliant, and grow confidently. Vertex provides both on-premise and cloud-based solutions. | Precise rate calculation E-signature PDF returns: Filing and remitting returns: Managing exemptions: |
| Xero Tax | Xero Tax is online accounting software that is designed differently from the company's core product. It first appeared in Australia, but UK residents can now access it. Although it is intended only for accountants, it integrates seamlessly with the company's other tools. |
Drake Tax Software Pricing Plans
| Drake Software Pricing Plan | Sagenext Drake Hosting Pricing Plan |
|---|---|
| Drake Multiple User: Drake Tax Pro: $2695 per year Drake Tax 1040: $2145 per year Drake Pay-per-return: $359.99 per year Drake Single User: Drake Tax Pro: $2695 per year Drake Tax 1040: $2145 per year Drake Pay-per-return: $359.99 per year | Sagenext Dedicated Drake Hosting starts from $59 per month. Annual plan starts from $637.20. |
| Note: Price is subject to change as per discounts and offers available. | |
What Are the Limitations of Drake Software?
The comprehensive features and extended performance of Drake Tax set it apart from other tax software on the market. However, Drake applies more to mid-sized firms that have complex tax problems to resolve.
Small businesses have straightforward tax filing requirements. Therefore, if you own a small business, Drake Tax Software may overwhelm you. The learning curve is quite steep and may take you a lot of time to understand how to use the software, unless you are an experienced accountant.
Is Drake Software Cloud-Based?
Drake software can be hosted in the cloud. The company partners with Right Networks to provide users with a satisfactory cloud hosting service. The cloud service allows tax preparers to perform their tasks from anywhere in the world without having to sit in a physical office.
The cloud-based service includes the following:
- Drake Accounting and Drake Tax hosting, including other associated applications (Note that the licenses are sold differently)
- Storage of 40GB per user
- Easy data migration to the cloud
- Install Microsoft 365 with your own license
- Robust security processes and two-factor authentication
- Date storage in Tier 4 data centers
- Automatic backup after 90 days
- Availability of 99.95 percent
- Zero redundancy and scheduled downtime
- Supported on Mac and PC
- Addition of Foxit PhantomPDF for easy PDF editing
- Direct access to some of the best apps on Right Networks
Concluding Lines
If you are looking for good tax software, Drake Tax software is a strong choice, with robust features and options. When it seems as though the job of a tax preparer is becoming too complicated, Drake tax software comes to the rescue. The platform provides various functionalities that help reduce tax preparers' workload. It also improves the efficiency of tax preparation and management. If you own a business that presents difficult tax situations, choosing Drake won't be a bad choice at all. We discussed the features and benefits of the software, including a step-by-step guide for beginners on how to use the platform.
However, when filing taxes, the software alerts you if there are errors and points out where those errors exist so you can quickly correct them and proceed with the filing. You can host Drake software on the cloud or install it on your computer using a CD. Decide which one suits you and your business. You can even have both options, but keep in mind that the cloud-based platform lets you work remotely, from anywhere, anytime, offering flexibility and ease. The limiting factor of the Drake accounting software is that it targets mid-sized firms with complex tax issues, making the learning process quite cumbersome for small business owners with minor tax knowledge. Along with Drake hosting, you can also get Lacerte hosting on the cloud and access from anywhere, anytime.
FAQs (Frequently Asked Questions)
How much is Drake tax software?
Drake tax software starts at $2695 per year, and prices increase for additional features and versions.
Thoughts on Drake Tax?
Drake Tax software offers users the best UI, with simple navigation for quick return filing. It supports both state and federal taxes, making it an excellent choice for professionals and businesses.
Do I need an EFIN to use the Drake software?
Yes, you need an active EFIN to use the Drake software. You must ensure you register an IRS-approved EFIN with Drake software to use it efficiently to file customer live returns.
Is the Drake tax good for personal taxes?
No, the Drake tax is not a good option for filing personal taxes. Drake tax software is a professional tax software tool for businesses.
Does Drake have tax planning software?
Yes, Drake does have a tax planning software named Drake Tax Planner. The tool is designed for tax professionals for future planning and analysis of customer taxes.
How to uninstall Drake Tax software?
Follow the steps provided:
- Step 1: Head on to the Drake tax software application
- Step 2: Right-click on the Start app option.
- Step 3: Now, go to the Apps & Features or Features & Programs options.
- Step 4: Now, you need to locate Drake Accounting 20YY (Year)
- Step 5: Now select uninstall. You have successfully uninstalled Drake tax software.
How much does Drake tax software cost?
Drake tax software starts at $2695 per year, and prices increase for additional features and versions.
How to amend a tax return in Drake software?
To amend a tax return in Drake software, you need to use the Form 1040-X Amendment and follow the instructions.
How to use Drake Tax Software?
You just need to download and install the Drake tax software, register with your credentials, and start using it once the registration is complete.
Who owns Drake Tax Software?
Taxwell owns Drake tax software.
How to create a new client in Drake Tax Software?
To create a new client in Drake tax software, follow the steps:
- Step 1: On the Drake tax software home window, click on the Create/Open option,
- Step 2: In the client section, enter the SSN or EIN.
- Step 3: Now, click OK to add a new return. Choose your return type and name as you need.
- Step 4: Now, the software will open in the data entry screen, and you can start your new client return.
How to delete a form in Drake Tax Software?
In the Drake tax software, go to Client > Forms, then click Delete.
For those who use Drake Tax, what other software do you use for your tax prep workflow?
Those who use Drake Tax also often use Tax Dome, or Smart Vault, as a supplement to their tax workflow.
These carefully selected partners contribute their expertise in technology, infrastructure and support solutions, enhancing reliability and performance. Through this collaboration, Sagenext delivers a dependable and efficient hosting environment, allowing users to work without disruptions and enjoy optimal stability and security.
Sagenext has consistently garnered distinguished recognition for its exceptional hosting services, characterized by a resolute dedication to innovation and customer delight. This unwavering commitment to excellence has been demonstrably acknowledged through the receipt of numerous prestigious awards and accolades, solidifying Sagenext's position as an industry leader.
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